Question: Required information Problem 8.62 (LO 8-2) (Static) [The following information applies to the questions displayed bolow] In 2023, Deon and NeNe are married filing jointly.

Required information Problem 8.62 (LO 8-2) (Static) [The following information applies to the questions displayed bolow] In 2023, Deon and NeNe are married filing jointly. Deon and NeNe's taxable income is $1,390.000 (all ordinary), and they itemize their deductions as follows. real property taxes of $10,000, charitable contributions of $30,000, and mortgage interest expense of $40,000 ( $700,000 acquisition debt for home). Use Exhibit 8.5 and Tax Rate Schedule for reference Problem 8-62 Part a (Static) a. What is Deon and NeNe's AMT

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